Vietnam's steel imports up 23.2%, scrap up 7.7% in Jan-Oct 2024

In October this year, Vietnam's steel imports reached 2,412,410 mt, up 41.7% compared to September, with China as the largest exporter with 1,856,612 mt, while its scrap imports grew 7.5% month-on-month to 346,153 mt, with Japan as the largest exporter with 189,663 mt, according to data released by the General Department of Customs of Vietnam. In the first 10 months of the year, Vietnam's steel imports rose 23.2 percent year-on-year to 14.71 million mt, with China as the largest exporter with 10.16 million mt, while its scrap imports reached 3.88 million mt in the specified period, up 7.7 percent year-on-year, with Japan as the largest exporter with 1.98 million mt.